NOT LISTED FOR SALE
13 Beds
13 Baths
7,934 Sq Ft
7,502 Sq Ft Lot

Last Sold August 06, 2024

Last sale price $3,700,000 $466 Per Sq Ft

28 Days on Market

About This Home

As of August 2024

$500,000 PRICE ADJUSTMENT! 11707 Kiowa Ave is an exceptional investment opportunity in the coveted Brentwood neighborhood of Los Angeles. This property features a well-maintained two-story building built in 1963 with a wood frame and stucco construction of approximately 7,934 sf on a 7,499 sf lot zone LAR3. The unit mix comprises one studio, four one-bedroom one-bathroom units, three two-bedroom two-bathroom units, and one three-bedroom two-bathroom unit. There are two tandem parking spaces in front of the property and six spaces in the rear alleyway, for a total of ten parking spots. The soft story earthquake retrofit has been completed. This property offers an excellent opportunity for long-term growth in one of Los Angeles's most desirable locations. It is situated two blocks South of San Vicente Blvd., which features many favorite shops, a diverse selection of dining options, coffee shops, and yoga studios. This investment property presents a prime chance to capitalize on Brentwood's thriving rental market, being offered for sale for the first time in 50 years.

Last Agent to Sell the Property

Benjamin Lewin

Marcus & Millichap License #02040686 Listed on: 05/20/2024

Last Buyer's Agent

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,502 Sq Ft Lot

Interior Spaces

  • 7,934 Sq Ft Home
  • 2-Story Property
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 13 Bathrooms

Parking

  • 10 Parking Spaces
  • Covered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units
  • Laundry Facilities
  • Vacancy Allowance $7,798

Listing and Financial Details

  • Assessor Parcel Number 4265-008-039

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 7934
  • Lot Acreage: 0.1722
  • Probate: No
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo
  • Bedrooms: 13
  • Laundry: Community
  • Total Bathrooms: 13.00
  • Price Per S Q F T: 491.56

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 10

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.44
  • Assessed Land Percent: 69.56
  • Assessor Parcel Number: 4265-008-039
  • Lot Size Area: 7502

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
  • Gross Rent Multiplier: 14.23
  • Number Of Units: 9
  • Total Annual Expense: 75293
  • Type Of Units: 9
  • Vacancy Allow: 7798
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $3,700,000 -5.1% $466 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/11/2024 06/11/24 Price Changed $3,900,000 -11.4% $492 / Sq Ft
05/20/2024 05/20/24 For Sale $4,400,000 0.0% $555 / Sq Ft
02/16/2024 02/16/24 Price Changed $2,250 -2.0% $4 / Sq Ft
01/23/2024 01/23/24 Price Changed $2,295 -8.0% $4 / Sq Ft
11/03/2023 11/03/23 Price Changed $2,495 -13.8% $5 / Sq Ft
10/13/2023 10/13/23 Price Changed $2,895 -3.3% $5 / Sq Ft
09/22/2023 09/22/23 Price Changed $2,995 -3.4% $5 / Sq Ft
09/16/2023 09/16/23 Price Changed $3,100 -5.9% $6 / Sq Ft
08/17/2023 08/17/23 Price Changed $3,295 0.0% $6 / Sq Ft
08/17/2023 08/17/23 For Rent $3,295 -13.2% --
05/04/2023 05/04/23 Price Changed $3,795 -3.6% $7 / Sq Ft
04/27/2023 04/27/23 Price Changed $3,935 -1.5% $7 / Sq Ft
04/21/2023 04/21/23 Price Changed $3,995 +90.7% $7 / Sq Ft
04/15/2023 04/15/23 Price Changed $2,095 +13.6% $4 / Sq Ft
03/20/2023 03/20/23 Price Changed $1,845 -2.6% $3 / Sq Ft
03/16/2023 03/16/23 Price Changed $1,895 -9.5% $3 / Sq Ft
02/13/2023 02/13/23 For Rent $2,095 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-394215

The MLS